The Los Angeles County Fire Department responded, extinguished the fire and found two victims inside of the vehicle. Both were pronounced dead.

The department would not reveal the identities of the victims.

"It is with a truly heavy heart that we must confirm that Paul Walker passed away today in a tragic car accident while attending a charity event for his organization Reach Out Worldwide," a rep for the actor posted on his Facebook page.

"He was a passenger in a friend's car, in which both lost their lives. We appreciate your patience as we too are stunned and saddened beyond belief by this news. Thank you for keeping his family and friends in your prayers during this very difficult time. We will do our best to keep you apprised on where to send condolences."

Best known for his role as Brian O'Conner in the Fast & Furious film franchise. The actor was also dad to daughter Meadow Walker.

A rep for Universal Pictures also released a statement to E! News, saying, "All of us at Universal are heartbroken. Paul was truly one of the most beloved and respected members of our studio family for 14 years, and this loss is devastating to us, to everyone involved with the Fast and Furious films, and to countless fans. We send our deepest and most sincere condolences to Paul's family."